Summer sizzle in Palm Beach: What were the biggest real estate sales of the off-season?

Darrell Hofheinz, Palm Beach Daily News

Palm Beach saw a summer marked by sizable sales, with eight single-family houses selling for $30 million or more since May 1. In the third-quarter alone, 66 percent of all single-family sales in town closed at prices above $30 million, according a new report issued by the Corcoran Group’s Frisbie Real Estate team, headed by agent Suzanne Frisbie.

Here’s a look at all the deals since May Day that hit at least $30 million, along with the biggest condo and commercial sales.

All of these sales were previously reported by the Palm Beach Daily News and reconfirmed in the monthly sales reports issued by the Rabideau Klein law firm. The sale prices and dates are those recorded with the deeds at the Palm Beach County Courthouse, unless otherwise noted.

$100 million, 195 Via Del Mar and 241 Jungle Road

Fashion designer Tom Ford took possession of this landmarked house at 195 Via Del Mar in May as part of an Estate Section house swap with a value of $100 million, according to sources familiar with the deal.
Fashion designer Tom Ford took possession of this landmarked house at 195 Via Del Mar in May as part of an Estate Section house swap with a value of $100 million, according to sources familiar with the deal.

In May, billionaire fashion designer Tom Ford swapped his contemporary-style house on Jungle Road for the landmarked house of businessman Brian Kosoy and wife, Andrea, on Via Del Mar. The off-market deal was valued at $100 million, the Palm Beach Daily News confirmed. Because of the way the off-market deal was structured, using trusts, a dollar amount for the Estate Section transaction was never recorded at the courthouse, nor have the exact terms surfaced in public records. Broker Christian Angle of Christian Angle Real Estate handled both sides of the deal, according to sources familiar with the transaction.

This contemporary-style home at 241 Jungle Road is the home of Brian and Andrea Kosoy, who swapped their historic house on Via Del Mar with fashion designer Tom Ford in a May deal said to have been valued at $100 million.
This contemporary-style home at 241 Jungle Road is the home of Brian and Andrea Kosoy, who swapped their historic house on Via Del Mar with fashion designer Tom Ford in a May deal said to have been valued at $100 million.

$68.15 million, 149 E. Inlet Drive

A Palm Beach house at 149 E. Inlet Drive at the "corner" of the inlet and the Atlantic Ocean sold for a recorded $68.15 million in July.
A Palm Beach house at 149 E. Inlet Drive at the "corner" of the inlet and the Atlantic Ocean sold for a recorded $68.15 million in July.

A mystery buyer cloaked by the Island Sands Trust in July bought this contemporary-style house at the “corner” of the Atlantic Ocean and the inlet on the northern tip of Palm Beach. The sellers, businessman Myron “Mosie” Miller and his wife, Michelle, had completed the house in 2020 as a custom home for themselves. Broker Lawrence Moens of Lawrence A. Moens Associates negotiated for the sellers opposite agent Madison Collum of One Sotheby's International Realty. The deed listed the buyer’s post office address in care of trust adviser Marin Jaudenes at The Northern Trust Co. in Miami.

$66 million, 1350 N. Lake Way

Casino and resort mogul Steve Wynn and his wife, Andrea Hissom Wynn, renovated this lakefront house at 1350 N. Lake Way and sold it in May for a recorded $66 million.
Casino and resort mogul Steve Wynn and his wife, Andrea Hissom Wynn, renovated this lakefront house at 1350 N. Lake Way and sold it in May for a recorded $66 million.

Christine Stiller and her Keurig Green Mountain coffee tycoon husband, Robert Stiller, in May used a limited liability company to buy this North End lakefront home from a similar ownership entity controlled by casino billionaire and real estate investor Steve Wynn. Wynn and his wife, Andrea Hissom Wynn, had remodeled the British Colonial-style home for resale. Moens handled both sides of the transaction.

$63.43 million, 854 S. County Road

A 2-acre lakefront estate, center, at 854 S. County Road in Palm Beach sold in May for $63.43 million in a land-value transaction.
A 2-acre lakefront estate, center, at 854 S. County Road in Palm Beach sold in May for $63.43 million in a land-value transaction.

In May, a real estate investment group — led by developer Todd Michael Glaser and including Jim Randall of Randall Realty Group — sold this 2-acre lakeside estate in the Estate Section for a land-value price. The buyer was a limited liability company named after the property's address and managed by West Palm Beach attorney Paul Krasker. The Corcoran Group handled both sides, with agent Suzanne Frisbie representing the sellers and Corcoran Group agents Dana Koch and Paulette Koch acting for the buyer.

$50 million, 940 N. Lake Way

Sold in July for $50 million, a house at 940 N. Lake Way faces the Intracoastal Waterway on the North End of Palm Beach.
Sold in July for $50 million, a house at 940 N. Lake Way faces the Intracoastal Waterway on the North End of Palm Beach.

In July, the estate of the late businessman James “Jimmy” V. Tigani II sold the North End house he had shared with his partner of 26 years, Corcoran Group real estate agent Mark Bennett. Palm Beach entrepreneur and investor Harvey Jones used a trust in his name to buy the renovated 1970s-era house on the Intracoastal Waterway. Bennett handled the seller’s side. Agents Todd and Frances Peter of Sotheby's International Realty represented Jones’ interests.

$41.38 million, 930 S. Ocean Blvd.

An entity controlled by fashion designer Tommy Hilfiger in June flipped this landmarked oceanview house at 930 S. Ocean Blvd. for $41.38 million.
An entity controlled by fashion designer Tommy Hilfiger in June flipped this landmarked oceanview house at 930 S. Ocean Blvd. for $41.38 million.

In May, fashion designer and real estate investor Tommy Hilfiger flipped a landmarked house his limited liability company had bought a few months before for just under $37 million. On the buyer's side was West Palm Beach real estate attorney Maura Ziska, who acted as trustee of the 930 S. Ocean Trust. Moens handled both sides of the summer sale of the Mediterranean-style house with an ocean view in the Estate Section. Hilfiger and his wife, handbag designer Dee Ocleppo Hilfiger, own two other houses in Palm Beach through limited liability companies.

$37 million, 125 Wells Road

Fox News host Bret Baier in late July paid a recorded $37 million for this house at 125 Wells Road near the ocean in Palm Beach.
Fox News host Bret Baier in late July paid a recorded $37 million for this house at 125 Wells Road near the ocean in Palm Beach.

In a July off-market deal, Fox News' host Bret Baier bought this ocean-block house, which stands about a mile from a smaller home Baier and his wife, Amy, bought early last year on Fairview Road. Baier bought the Palm Beach Regency-style house on Wells Road as trustee of a trust. The seller was longtime resident Roberta Weiner, who acted as trustee of a land trust and whose husband is Boston real estate developer Stephen R. Weiner. Angle acted on behalf of the buyer in the North End deal with Corcoran’s Paulette Koch and Dana Koch on the sellers' side, according to sources familiar with the transaction.

$32.375 million, 240 Clarke Ave.

An award-winning house at 240 Clarke Ave. in Midtown Palm Beach sold in July for $32.375 million.
An award-winning house at 240 Clarke Ave. in Midtown Palm Beach sold in July for $32.375 million.

Luxury car dealer Michael Cantanucci and his wife, Kimberly, sold this Mediterranean-style home across town on Clarke Avenue in July, three months after they set a new Palm Beach residential sales record when they paid around $170 million for a North End oceanfront mansion on North County Road. The trust on the buyer’s side of the Clarke Avenue deal was affiliated with powerhouse marketing-and-advertising executives Ashlee and Chris Clarke, according to courthouse documents and several sources familiar with the deal, in which Angle represented both sides. Angle also is said to have represented the Cantanuccis when they bought their beachfront mansion at 589 N. County Road, which was sold off market in April by the aforementioned Stillers, who were represented by Moens.

Biggest townhouse sale: $14.35 million, 220 Brazilian Ave.

A townhouse at 220 Brazilian Avenue sold for $14.35 million in September, marking the highest-dollar townhome sale of the off-season.
A townhouse at 220 Brazilian Avenue sold for $14.35 million in September, marking the highest-dollar townhome sale of the off-season.

The highest-dollar townhouse sale of the off-season closed in September, when private-equity specialist David Malm flipped this townhouse that he had bought in January for $12 million through a limited liability company. Financier Steven K. Hudson was the buyer of the townhouse, one of two in a newly built Midtown duplex. Agent Chris Leavitt of Douglas Elliman Real Estate handled both sides of the sale.

Biggest condo sale: $10.4 million, Unit S-25, 2 N. Breakers Row

The highest-dollar condominium sale in Palm Beach during the off-season involved Unit S-45, a beachfront apartment in the South Building at 2 N. Breakers Row, which sold in September with a pool cabana for a recorded $10.4 million.
The highest-dollar condominium sale in Palm Beach during the off-season involved Unit S-45, a beachfront apartment in the South Building at 2 N. Breakers Row, which sold in September with a pool cabana for a recorded $10.4 million.

In June, Rose Evangelista, acting as co-trustee of a revocable trust in the name of the late Rosamond F. Isenberg, sold this three-bedroom oceanside unit to a trust for which Palm Beach attorney Paul Rampell served as trustee, the deed showed. Isenberg was the widow of businessman Eugene Isenberg. Moens handled both sides of the sale.

Biggest commercial sale: $83 million, 125 Worth Ave.

This retail-and-office building completed in 1974 at 125 Worth Ave. sold for $83 million in July as Palm Beach's highest-dollar commercial sale of the off-season.
This retail-and-office building completed in 1974 at 125 Worth Ave. sold for $83 million in July as Palm Beach's highest-dollar commercial sale of the off-season.

Hedge-fund billionaire Ken Griffin of Citadel LLC and Citadel Securities in July paid $83 million for a retail-and-office building at 125 Worth Ave. The building was sold by 125 Worth Partners, whose parent company is Dreyfuss Investments of Bethesda, Maryland. Dreyfuss Investments owned the building in a partnership with Palm Beach-based developer Frisbie Group. A spokesman for Griffin said the billionaire bought the building personally, just as he had done in May 2022 when he purchased an adjacent vacant building, which once housed a Neiman Marcus department store. Miami-based Griffin also owns the largest residential property in Palm Beach.

dhofheinz@pbdailynews.com

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Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call 561-820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.

This article originally appeared on Palm Beach Daily News: Palm Beach real estate: 8 summer sales hit the $30M mark

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